Amir Farha’s COTU Ventures closes $54 million for debut fund to write early checks for MENA founders
COTU Ventures, a Dubai-based VC firm, founded by Amir Farha, has closed its inaugural fund with $54 million, it announced in a...
Saudi’s Rize raises $2.9 million seed for its rent now pay later platform
Saudi proptech Rize has raised $2.9 million in a seed round, from Seedra Ventures, Hala Ventures, JOA Capital, RZM Investments, Bonat Investments,...
MSA Capital plans to launch a billion-dollar fund focused on MENA
MSA Capital, the Chinese VC firm that has been investing in the Middle East & North Africa for years, and was one...
Saudi’s Ejaro raises $3.3 million Pre-Series A for its peer-to-peer car rental marketplace
Jeddah-headquartered peer-to-peer car rental marketplace Ejaro has raised $3.3 million from the leading local insurance company Tawuniya and angel investor in a...
Interview: Khaled Talhouni on VC in MENA, exits, governance, and Nuwa Capital
Khaled Talhouni is the Founder and Managing Partner of Nuwa Capital. Previously, he served as a Managing Partner at Wamda Capital, where...
Saudi startups dominate $100 million rounds in 2023
There were a total of five $100 million rounds in 2023, with three of them being in fintech and two in ecommerce....
Saudi’s Tameed raises $15 million Series A for its purchase order financing marketplace
Saudi fintech Tameed has raised $15 million in a Series A round led by Alromaih Investments, the investment arm of a local...
- Microsoft invests $1.5 billion in UAE-based AI holding company G42
- Saudi’s Penny Software raises fresh funds to grow its procurement SaaS platform
- STC Bank launches private beta following approval from Saudi Central Bank
- Saudi’s Kitchenara raises $380,000 to build a TikTok for food delivery
- Bahrain’s Ahlan raises $3 million for its food delivery and customer loyalty platform
